This meteorology a … give respite for light price in the last bars worst year for this supply. Electricity drops on average this Friday before Christmas Eve dinner 21.12 Euros per megawatt-houra (MWh), as published by Operator of the Iberian Electricity Market (OMIE). Such a low level has not been reached since. May 9, 2021 (10.53 euros per MWh), the month in which the price hike that started the energy crisis began.
The reason for these low prices has been found the return of the rainmanaged to become active again in the last weeks of the year. hydroelectric power stations in one of the driest exercises as there are records and windthat directs wind generation and prevents the entry of gas-fired power plants (combined loops). So, this Friday, renewable they make up 70% of the generation. In nuclear, this figure rises to 90%.
It also affects the gas price cap of €40 per MWh because although coal or combined cycles are hardly ever programmed, there is also industry dependent cogeneration generation, which is compensated. According to government estimates, without the ‘Iberian exemption’ mechanism, the price for this Friday would have been €102.07 per MWh, which is in line with other European countries that will pay much more than Spain at around €22 per MWh. This is the case in Germany, where electricity is paid at 185.9 euros; 103.6 euros in Italy and 171.3 euros in France.
During the day before Christmas weekend, especially cheap run home appliances from 1 a.m. to 7 a.m. (when around 4 euros per MWh) and 12 noon to 5 pm (at a price of about 10 euros per MWh). On the contrary, from 6 to 10 pm, electricity will not fall below 60 Euros per MWh.
This wholesaler price you have to add taxes In addition to 5% VAT and 0.5% Special Electricity Tax invoice (discounted by the Government) tolls and feeshas also fallen since the crisis began. In any case, these amounts are only 9 million consumers who have drawn up contract or the Voluntary Price for Small Consumer (PVPC) rate. These users paid the following amounts: first 22 days of december on average 174.21 Euros per MWhcompared to 116 Euros per MWh in the same period of the previous month.
According to consulting firm ASE, first week The coldness of November and low wind power generation drove prices higher this year, especially after a cheaper November than usual. But in second week “normalization of temperatures and an increase in wind power generation” began to be recorded, which lowered prices. According to the ASE, most of the remaining days of December should be “explicitly” contained. Below 200 Euros per MWh”. The average price so far this year stands at 213.75 euros per MWh, but before the crisis it was an average of 40 or 50 euros per MWh.
renewable record
Once again it is clear the supremacy of renewable energy to prevent entry gas production so long, most expensive technology In this sense, the operator of the electricity system of the Spanish energy mix, power gridIt predicts that 2022 will end with a save wind and photovoltaic power generation. According to his forecasts, wind power will exceed 61,000 gigawatt-hours (GWh), which is about 1% more than the figure recorded in 2021, while photovoltaic will end up with a 33% higher production than the previous year. (close to 28,000 GWh).
If this prediction comes true, photovoltaic panels will be positioned for the first time as: fourth generation blend technology (represents 10%). This is actually the technology that has grown the most in recent years. installed power this year it has already surpassed hydraulics with 3.4 gigawatts. Additionally, 1.2 GW of wind power was installed, which led to Spain adding a total of 4.6 GW of new renewable energy.